80 Vine Street

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80 Vine Street

Newark, OH 43055
Asking Price
$159K
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 80 Vine Street in Newark, Ohio
  • Mixed-use asset spanning 2,017 square feet of space
  • Available for purchase at an asking price of 159,000 dollars
  • Versatile layout adaptable for various commercial or residential uses
  • Well-positioned within a growing suburban Newark submarket

What's Special

Investors seeking a flexible mixed-use asset in Newark will find this 2,017-square-foot property positioned for a variety of commercial or residential applications. Situated at 80 Vine Street, the building offers a functional footprint suitable for business operations, creative workspaces, or potential conversion projects. Newark remains a steady market within the greater Columbus region, benefiting from regional economic stability and an accessible suburban location that serves both local residents and commuters. The layout provides the versatility necessary for a multi-tenant strategy or a single-user occupancy model. Given its size and positioning, this property serves as a practical addition to an existing portfolio or a manageable entry point for a private investor looking to capitalize on Newark's ongoing development. Its central location facilitates ease of access for customers and employees alike, making it a viable selection for those pursuing value-add potential in this specific Ohio corridor.

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NOI
$80,000
Cap Rate
50.31%
DSCR
8.47
Strong
Cash-on-Cash
147.93%
Monthly Payment
$786.645
Annual Cash Flow
$70,560.257

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